News Summary: McDonald's getting rid of menu items

TRIMMING THE OPTIONS: McDonald's Corp. is taking Chicken Selects and the Fruit & Walnut Salad off its menu and considering cutting Angus burgers as well.

ONGOING CHANGES: The moves come as the world's biggest hamburger chain looks to step up the number of limited-time offerings like Fish McBites.

TRYING TO KEEP UP: After years of outperforming rivals, the chain is facing increasing competition from Burger King and Wendy's. Fast-food companies are also dealing with changing eating habits and the sluggish economy.